IRELAND AND LIECHTENSTEIN SIGN TIEA
Irish and Liechtenstein authorities have penned a tax information agreement that will allow greater cooperation between the two countries over tax matters. The TIEA allows Irish tax authorities to ask for information concerning Irish citizens suspected of tax evasion, such as confidential offshore bank account information or documents which indicate beneficial ownership of an account or offshore company. Whereas previously Ireland could not expect a reply to such requests, it is now likely to be granted information where it has specific evidence in individual cases.
